- Vanguard Natural Resources (NYSE:VNR) agrees to acquire natural gas and oil properties in Wyoming's Pinedale and Jonah fields from an unnamed source for $581M.
- The properties consist of ~87K acres currently producing ~113M cfe/day (80% natural gas, 4% oil, 16% natural gas liquids); the deal adds ~80% to VNR's reserves and 55% to its daily production.
- Shares halted.
Vanguard Natural adds Wyoming gas and oil properties for $581M
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Symbol | Last Price | % Chg |
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VNR | - | - |
Vanguard Natural Resources, LLC |